India’s June palm oil imports drops 21%


NEW DELHI: India's refined palm oil imports fell 20.7% in June from the previous month's record, a leading trade body said, as weakness in the rupee currency made overseas purchases more expensive.

But imports were still double that of last year and continue to hit India's oil-seed growers and refiners, with plants operating well below capacity.

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palm oil , India , prices

   

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